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Global Acquisitions (Global Acquisitions) Gross Margin %

: 0.00% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Global Acquisitions's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. Global Acquisitions's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Global Acquisitions's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


The historical rank and industry rank for Global Acquisitions's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of Global Acquisitions was 69.26%. The lowest was 68.53%. And the median was 68.90%.

AASP's Gross Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 47.25
* Ranked among companies with meaningful Gross Margin % only.

Global Acquisitions had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Global Acquisitions was 0.00% per year.


Global Acquisitions Gross Margin % Historical Data

The historical data trend for Global Acquisitions's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Acquisitions Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Global Acquisitions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Shell Companies subindustry, Global Acquisitions's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Acquisitions Gross Margin % Distribution

For the Diversified Financial Services industry and Financial Services sector, Global Acquisitions's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Global Acquisitions's Gross Margin % falls into.



Global Acquisitions Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Global Acquisitions's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Global Acquisitions's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Global Acquisitions  (OTCPK:AASP) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Global Acquisitions had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Global Acquisitions Gross Margin % Related Terms

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Global Acquisitions (Global Acquisitions) Business Description

Traded in Other Exchanges
N/A
Address
6730 Las Vegas Boulevard South, Las Vegas, NV, USA, 89119
Global Acquisitions Corp is a shell company. Its business plan is to seek, investigate, and, if warranted, acquire an interest in a business opportunity.
Executives
Ronald S Boreta director, officer: PRESIDENT, CEO & TREASURER 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
John Anthony Boreta director 10013 SIENNA PEAK CT., LAS VEGAS NV 89144
Vaso Boreta director 5325 SO VALLEY VIEW BLVD, STE 10, LAS VEGAS NV 89118
Steven Miller director 3883 HOWARD HUGHES PKWY., 8TH FL., LAS VEGAS NV 89109
Andre K Agassi 10 percent owner C/O AGASSI ENTERPRISES INC, IMG CENTER 1360 E 9TH ST STE 100, CLEVELAND OH 44144-1782
Andre Agassi Trust 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Investments Aka, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Agassi Ventures, Llc 10 percent owner 3883 HOWARD HUGHES PARKWAY, 8TH FLOOR, LAS VEGAS NV 89169
Cara Brunette director 6730 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89119
William Kilmer director 1853 MONTE CARLO WAY, CORAL SPRINGS FL 33071
Robert Rosburg director 49-425 AVENIDA CLUB LA QUINTA, LAS QUINTA CA 92253

Global Acquisitions (Global Acquisitions) Headlines

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